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Reply #17: Why did they choose age 65 in the first place? Was it based on life expectancy in 1935? [View All]

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Home » Discuss » Topic Forums » Labor

newtothegame

(1000+ posts) Send PM | Profile | Ignore

Tue Jul-27-10 04:24 PM
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17. Why did they choose age 65 in the first place? Was it based on life expectancy in 1935?

If so, why is it unreasonable, 75 years later, to raise it proportionately to reflect the increase in life expectancy? Government agencies adjust EVERY YEAR for changes in demographics; why can't Social Security do it every 75?

I'm not saying I agree with the decision, but just saying the rationale seems reasonable.

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